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speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the new slash old mantra. he says, again, revenues are on the table, but they have to come from the right place, which means tax reform and not raising rates on higher earners, so we're likely to hear more of that today. i spoke with a spokesman who said right now, no scheduled meetings between principles or staff. we're going to hear him continue to make the same points, most likely, ashleigh. >> all right. athena jones, thank you for that. we'll continue to follow and wait for those remarks, too. >>> so now i'm going to move on to this. it'
speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the...
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Nov 10, 2012
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. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only temporarily. those were the two open conditions in washington's showdown since the disaster. budget negotiators reconvene next week to try, in the words of one aide, to assess where they are. that's what puts republicans where they are in election 2012. it depends on who you ask or how you ask the question, what happened on tuesday night? gop strategist mary matalin, and david fromm, author of "why romney lost and what the gop can do about it." president obama and speaker boehner have said a lot of right things talking about compromise and cooperation, but on taxes, it seems the gap between the two sides is as big
. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only...
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that's why speaker boehner made that statement. i think that the president is going to be able to peal off a number of republicans to try to create a package that will avert the fiscal package. >> how much of a leadership task is this going to be for him or fall squarely on the president? >> it takes three parties to make a law, house, senate, and white house. it could be plus republicans in the senate who are much more open to compromise than in the house. john boehner has the majority but it can't be a majority to make anything happen. >> how different is it than a few years ago? >> it has a few less tea party members and some of the vocal ones but the point is, he needs to be able to -- what kind of speaker would he look like if all he did was produce 40 republicans to make the majority on to a democratic bill? and that doesn't make him look like a leader if it's the democrats that peal off some of his peal in terms of a deal. >> bill, if you're a betting man and how would you bet that this thing plays out. >> the fiscal cliff,
that's why speaker boehner made that statement. i think that the president is going to be able to peal off a number of republicans to try to create a package that will avert the fiscal package. >> how much of a leadership task is this going to be for him or fall squarely on the president? >> it takes three parties to make a law, house, senate, and white house. it could be plus republicans in the senate who are much more open to compromise than in the house. john boehner has the...
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Nov 10, 2012
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boehner is the powerful player here. as always, thank you. rich edson at the white house, and craig smith in arizona. now, craig, i could be overanalyzing, but i'm beginning to see the inkling of and structuring of is the deal that would potentially save face on republicans on revenues saying it might not be a raise, but closing loopholes and that thing. the president might buy that, might not, but because they left out specifics and boehner left out specifics yesterday, me thinks there is wiggle rooms on revenues. on spending, then, up to the republicans to see the democrats open to reigning in the growth of the entitlements so you don't throw granny off the cliff. how do you score the likelihood of progress next week. >> i wish i could be as optimistic as you, neilment i listenedded to the president's speech, and i was infear rated. he did not offer an olive pit let alone an olive branch. they say in life you can tell where the truth is after the but. that neil cavuto, he's a great guy, but -- and then you go on and say what you feel. okay?
boehner is the powerful player here. as always, thank you. rich edson at the white house, and craig smith in arizona. now, craig, i could be overanalyzing, but i'm beginning to see the inkling of and structuring of is the deal that would potentially save face on republicans on revenues saying it might not be a raise, but closing loopholes and that thing. the president might buy that, might not, but because they left out specifics and boehner left out specifics yesterday, me thinks there is...
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both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt romney. >>> happy birthday to all the men and women serving in the marines around the world. today marks the 237th anniversary for the u.s. marine corps. they were founded in 1775. now, to celebrate, some will have birthday cake, some will hold special ceremonies, others will raise money for charity. >>> in washington state, prosecutors are throwing out 175 marijuana possession cases, that's because on tuesday voters there passed a ballot initiative that legalizes pot, so prosecutors in two counties, including seattle, drop cases that would no longer be punishable under the new law. the law tech
both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt...
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Nov 10, 2012
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what we heard from hoe speaker boehner, he'll talk revenue. unprompted the other say said we'll discuss revenue from an overall of the tax system. that's something he wants to accomplishext year with entitlement reforms. mitch mcconnell was stronger saying he was not sent to washington to raise taxes to pay for more wasteful spending. this election has not changed anytng. neil, the discussions, at least face-to-face begin next week. the president invited congressional leaders to the white house for a meeting, and congressional leaders are working out a date and time. back to you. ne: rich, do you get a sense there's a difference between the house and senate approach to this? i agree with you in hearing mih, sounding like no compromise, but boehner left a potential compromise on ings like tax credits, allowances, various writeoffs they shut down which would be a tax increase, but in the sweeping sense of raising tax rates would not, and that's where he finds the wiggle room with acceptance on the part of the white house that for now being accep
what we heard from hoe speaker boehner, he'll talk revenue. unprompted the other say said we'll discuss revenue from an overall of the tax system. that's something he wants to accomplishext year with entitlement reforms. mitch mcconnell was stronger saying he was not sent to washington to raise taxes to pay for more wasteful spending. this election has not changed anytng. neil, the discussions, at least face-to-face begin next week. the president invited congressional leaders to the white house...
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having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner has put enough on the table that an agreement can be reached, and as far as republicans getting clocked in the last election, the fact is we still have a very large majority in the house of representatives, so it could be said that while president obama won and he did win, the fact is in the congress the american people have returned a republican house of representatives so we also have, if you want to call it a mandate. i don't like to get into that terminology. but having said that, i don't think there's any mandate, it's to try to reach common ground, and i think speaker boehner has put enough on
having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner...
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. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the end of next year. but the real political sticking point is taxes. the president called on congress to make tax cuts for people making less than $200,000, and making less than $250,000, and drew a line in the sand. >> i refuse to accept any approach that is not balanced. and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday exit poll which indicated nearly 60% of voters would support higher taxes on the wealthy.çó and while john boehner hinted at some taxes going up, he also listed some conditions. >> and
. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising...
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president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means asking the wealthiest americans to pay more taxes. >> 2013 should be the year to begin our debt through tax reform and entitlement reform. >> reporter: if no agreement is reached, middle class americans could see a $2000 increase on taxes and the unemployment rate could jump back over 9%, spiraling the economy to another recession taxes related to obama's health care plan will be corrected. according to baron, over 1000 government programs will experience, quote, deep automatic cuts. with the fiscal deadline rapidly approaching, many economists ask, can the feat be accomplished in the time frames? >> what both parties n
president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means...
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boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and president obama they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has to an olive branch? >> he's passed a bill maintaining the tax cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if w
boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and president obama they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he...
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and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck todd in the white house, thank you. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of that. i am really proud of all of you. and -- and what you have just done? well, not allowing much time for sentiment or reflection, the president woke up to this, this morning. the bloo
and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck...
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>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office, you've got to get this economy growing. it's an anemic economy. you're not going to grow it by raising taxes on any job creators. if you try raise it on high income earners, you're raising taxes on small businesses. that means his presidency is going to go down as a failure. i think he's smarter t
>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also...
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house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talking about the imp
house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him...
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and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the pressure is all on him. the senate has already passed a bill that does what the president wants to do in taxation. it reduces the taxation below the top rates and the house can either pass that bill or not pass it. and if they don't pass it, what will happen in terms of january 1st ratgoing up is on them. >> it's on them. the president said in his remarks today that you know, his plan's not written in stone. the one he campaigned on. he's willing to hear any good idea from anyone. but it's unclear whether john boehner is going to be able to come to the table with an alternative idea that they can hammer out in time for a
and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the pressure is all on him. the senate...
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this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner walked back his answer on twitter. obama care is the law of the land, but it's raising costs and hurting small businesses. our goal remains full repeat? it looks like he's scared of the tea partiers in the caucus. president obama was close to persuading him on a grand bargain before boehner buckled. i guess you could say this time around they don't need boehner. they hold not all the carts, but more cards, and the middle eastern people are clearly behind this president, they elected a more progress i have senate. senator patty murray, who led the democratic senatorial
this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner...
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where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off the cliff and the only thing left is to punt. and i think that's a dangerous place as well because this is the issue one of the few times congress might be forced to actually do its job and get a budget passed for the american people. so when this question comes up about the bigger issue are we going to get a deal or not, what i'm hearing from boehner is no and the president yes. >> but the president's leverage doesn't go away if you punt for six months. i mean, it's not clear to me -- i agree with you that's one way to read the boehner/mcconnell p
where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off...
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john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the biggest asset they have. it's been under downward pressure. now it's headed the other way. >> right. i agree. this may have had an impact on the election, by the way, because it's so important to individuals. but let me just take you through this. if the so-called fiscal cliff is solved, we avoid the big year-end tax increase, ken heebner, what concerns a lot of people is tha
john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry...
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how much can congress get done, especially if they only give it a week or so? >> that's the big question. two things to consider here. first is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen, and that's the real stumbling block here, before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do tax reform, mitt romney proposed capping deductions, for example, during a campaign, something republicans might be able to sign on to, but even before they get to tax r
i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how...
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house speaker john boehner just addressing it. we are half an hour away from hearing from president obama, and we will take those comments live. dennis: and bond, james bond, back amid skyhigh predictions before "skyfall"'s debut. cheryl: looking better than ever. going to break. take a look at some of the s&p winners. we will be right back. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. dennis: fiscal cliff face off. house speaker john boehner with president obama said to make a statement about a half an hour. rich edson on that story from the white house. >> good afternoon. the president will underscore the need for congress to prevent a tax hike on the middle class. what that meant for election for democrats in the white house and the tax rate remaining the same for those families earning $250,00
house speaker john boehner just addressing it. we are half an hour away from hearing from president obama, and we will take those comments live. dennis: and bond, james bond, back amid skyhigh predictions before "skyfall"'s debut. cheryl: looking better than ever. going to break. take a look at some of the s&p winners. we will be right back. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and...
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boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishar
boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a...
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Nov 8, 2012
11/12
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>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call genuine budget revenue, that's a different story and if that's the case, i'd love to see his proposal. the president has put his on the table for revenue. let's see speaker boehner's proposal. he wants to do this in the open. let's see it. >> of course, he and the president had a deal and fingers can point all kinds of ways, but that failed. let's hope they can. but who's going to take the lead in negotiations on your side? is it going to be somebody who has been rather polarizing like nancy pelosi or someone else? >> during the talks between the speaker
>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call...
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Nov 9, 2012
11/12
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president obama and house speaker john boehner haven't budged. yesterday we heard of talk of olive branches and reaching across the aisle. but this evening speaker bonner said this to abc news. >> raising tax rates is unacceptable and frankly couldn't even pass the house. i'm not sure it can pass the senate. >> he could be right about that. he's talking about raising tax rates. jessica yellin reminded us today that the white house has vowed to veto any bill that doesn't extend the bush tax cuts for families making $250,000, less than $250 a year. he's been very explicit. tax rates will be raised for people who make more than that amount of money. so how did the president respond to john boehner's line in the sand? well we haven't heard from him since he returned to washington yesterday. we were told though by the white house this evening he'll make a statement on the fiscal cliff tomorrow but as far as what we know right now the administration says the president has already laid out his plan. it's a plan he says would cut the deficit by $4 trilli
president obama and house speaker john boehner haven't budged. yesterday we heard of talk of olive branches and reaching across the aisle. but this evening speaker bonner said this to abc news. >> raising tax rates is unacceptable and frankly couldn't even pass the house. i'm not sure it can pass the senate. >> he could be right about that. he's talking about raising tax rates. jessica yellin reminded us today that the white house has vowed to veto any bill that doesn't extend the...
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Nov 10, 2012
11/12
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it's bajohn boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says that tax cuts are off the table. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> boehner is boxing himself in by taking all tax increases off the table. e today the president repeated his intention to pass a bill keeping the tax cuts on anyone with income under $250,000. >> the senate has already passed a bill doing exactly this. so all we need is action from the house. i've got the pen. ready to sign the bill right away. i'm ready to do it. >> house republicans are going to have a lot of explaining to do if they don't pass tax cut extensions on the american people who need it the most. americans labor coalition made it clear it will s
it's bajohn boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says that tax cuts are off the table. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> boehner is boxing...